This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
1-bedroom, 1-bathroom apartment of 58 m², built in 2008, energy rating D. Located on rua Menez, 16, Quinta do Anjo parish, Palmela municipality, Setúbal district. Noteworthy Features: This apartment boasts an impressive glass wall in the living room, offering unobstructed views of lush surroundings and enhancing natural light throughout the space.
The valuation. The asking price of €209,990 is significantly below the fair value of €239,408, creating an opportunity with a discount of €29,418 (12.3%). Consequently, the property is firmly categorized as underpriced.
Fair value modelled at €239,408 from 6 comparable sales in the area. Asking €209,990 sits €29,418 (12.3%) below — the upside to fair value.
Asking €209,990 versus the rua Menez, 16 area baseline of €225,600 (€3,890/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €225,600, adjusted for condition and micro-location, gives a modelled fair value of €239,408 (€4,128/m²), a €29,418 (12.3%) gap versus the €209,990 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Menez, 16 | Subject | €209,990 | €3,621 | — | 72 | 47 |
| Quinta do Anjo · cc9c94 | Active | €330,000 | €4,125 | 13.9% | 74 | 59 |
| Quinta do Anjo · 91180b | Active | €220,000 | €4,400 | 21.5% | — | 39 |
| Quinta do Anjo · f35f7f | Active | €195,000 | €5,000 | 38.1% | 72 | 49 |
| rua Gil Eanes, 214 | Active | €305,000 | €2,798 | 22.7% | 80 | 52 |
| Median comp | €262,500 | €4,263 | 17.7% | 74 | 51 |
Long-term rental The 1-bed apartment in Quinta do Anjo offers a compelling opportunity for long-term rental, providing a gross yield of 4.6%. While the neighborhood score is only 47/100, the fair value gap of 12.3% suggests potential for good rental returns over time. Value-add renovation Investing in value-add renovations could significantly enhance the appeal of the apartment, taking advantage of its current condition rating of 76/100. Given the fair value of €239,408, improvements could increase both tenant demand and rental income in this industrially influenced region. Short-term vacation rental This property is not ideally suited for short-term vacation rental due to its lower neighborhood rating and industrial surroundings, which may deter transient guests. The focus should rather be on stable long-term tenants. Luxury market The apartment is not positioned for the luxury market, as indicated by the average neighborhood score and economic conditions. Its appeal lies more with long-term residents looking for affordable, practical living space than high-end buyers.
Economic and Tenant Instability The property faces a high risk of vacancy or rent non-payment due to a low economic stability score of 50/100 and a tenant stability score of only 45/100, indicating potential difficulties in maintaining consistent rental income.
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